Iran Renewable Energy Congress – Tehran Dec 2016

Renewable energies are still in infancy stage in Iran, with only 70 MW online. The major challenge of the sector is lack of financing. Given attractive feed-in-tariff’s set by SUNA (13- 32 cents per KW/h) and availability of human resources, infrastructure and EPC capacity, Iran’s renewable energy is at the verge of a massive growth.

Investments in this sector are estimated at $8 to $25 millions of dollars (US) with a payout of 2.5-4 years.

Investment in Iran’s renewable energy market might be more attractive versus Iran’s oil and gas industry given smaller size of investment, shorter payout, and lower level of political risk.

Syd Nejad is an expert in commercial and operations of upstream projects. He has served the industry in a variety of roles including strategy and corporate planning, acquisition and divestiture, portfolio optimization, asset management, production/field operations; and reserves, reservoir/exploitation engineering.